Dollar General

Lease & Location Highlights

• 2006 built-to-suit for Dollar General
• Interior renovation (at tenant expense) completed in 2023
• Dollar General recently exercised their option early with no concessions from landlord, demonstrating their long-term commitment to this location
• Four, 5-year options remaining, all including 10% rental increases
• Average household income of $95,678 within a 5-mile radius of the subject property, proving an affluent surrounding community to support the store for years to come
• Zero local competition – This is the only discount retailer in Spencer, WI
• Recent capital improvements to the parking lot including patching and full restriping
• Extremely strong corporately guaranteed lease

Tenant Highlights

• Dollar General operates ±21,000 locations and plans to continue their expansion for the foreseeable future
• Dollar General has an investment-grade credit rating of BBB (S&P)
• Dollar General was considered an essential retailer and has proven to be one of the most profitable companies through the COVID-19 pandemic
• Dollar General has a market cap of ±25 billion